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  1. 1986 Iran-Contra deals exposed ai_extracted 1 cit. no story On U.S. election day, Iran's parliament speaker Rafsanjani revealed that American officials had come to Iran bearing gifts. The disclosure blew open the secret arms-for-hostages dealings. ●●
  2. 1986 KGB executes CIA source Tolkachev ai_extracted 1 cit. no story The KGB chairman told Gorbachev that Adolf Tolkachev, the CIA's greatest Soviet source in twenty years, had been executed for treason. He was one of a dozen agents the agency lost to a still-unknown betrayal. ●●
  3. 1986 Milton Bearden becomes CIA station chief in Islamabad ai_extracted 1 cit. no story Milton Bearden replaced William Piekney as CIA station chief in Islamabad in July 1986, taking over Afghan operations. ●●
  4. 1986 Gorbachev decides on Soviet withdrawal from Afghanistan ai_extracted 1 cit. no story On November 13, 1986, Gorbachev told the Soviet Politburo that the Soviet Union must end its military involvement in Afghanistan. He announced the strategic goal to finish the war within one to two years and withdraw all troops. ●●
  5. 1986 Bin Laden opens first training camp at Jaji ai_extracted 1 cit. no story Bin Laden established his first training facility at Jaji in 1986. Young Arab jihadists learned to use assault rifles, explosives, and detonators. The camp was modeled on facilities run by Pakistani intelligence across the Afghan border. ●●
  6. 1986 CIA Director Bill Casey suffers fatal seizure ai_extracted 1 cit. no story On December 15, 1986, CIA Director Bill Casey suffered a severe seizure at headquarters. A CAT scan revealed a brain mass. He never recovered consciousness and died four months later at age seventy-four. ●●
  7. 1986 People Power revolution ousts Marcos ai_extracted 1 cit. no story Filipinos rose up in the People Power revolution against dictator Marcos after opposition leader Benigno Aquino's assassination. The uprising led to a presidential election where Corazon Aquino defeated Marcos, forcing his exile. ●●
  8. 1986 Guinness transfers £69 million in share-support scheme ai_extracted 1 cit. no story As in any share-rigging scheme, there was a critical weakness: what would happen to artificially elevated share prices when the secret props were removed? Apparently Roger Seelig feared that friendly parties might suddenly dump up to 20 percent of... ●●
  9. 1986 Roger Seelig arrested in Guinness affair ai_extracted 1 cit. no story Now Thatcher began to pressure Nigel Lawson, chancellor of the Exchequer, to draw more blood from the Guinness affair. In an extraordinary intervention, she reportedly told Lawson, “I want Reeves and Walsh out today, not next week or next month, b... ●●
  10. 1986 Morgan Stanley partners with Jefferson Smurfit ai_extracted 1 cit. no story With its unerring instinct for profitable activities, Morgan Stanley noted the LBO profits at First Boston and Merrill Lynch. In 1985, it joined with CIGNA Insurance to create a leveraged buyout fund. It struck spectacular deals that made merger p... ●●
  11. 1986 Reagan's Statue of Liberty centenary speech ai_extracted 1 cit. no story Ronald Reagan delivered a televised speech before millions on July 4, 1986, for the Statue of Liberty centenary, repeating themes about America's mysterious divine destiny that he had expressed before CPAC in 1974. ●●
  12. 1986 Reagan and Gorbachev meet at Reykjavik summit ai_extracted 1 cit. no story This happened most dramatically at Reagan’s 1986 summit meeting with Gorbachev at Reykjavik. ●●
  13. 1986 US bombing raid on Libya ai_extracted 1 cit. no story He was explaining that the American bombing attack upon Libya of 14 April 1986 was in retaliation for the Libyan bombing ●●
  14. 3 November 1986 Iran-Contra affair revealed 0 cit. A Lebanese magazine first reports, and US officials soon confirm, that the Reagan administration secretly sold arms to Iran and diverted proceeds to fund Nicaragua's Contra rebels, in violation of a congressional ban on such funding. CIA director William Casey and NSC staff, including Oliver North, are implicated in the operation. diplomacy / politics ●●●
  15. 1986 Al Gore launches a study of computer networks ai_extracted 1 cit. no story Senator Al Gore pushed a study on interconnecting research networks and expanding their bandwidth and access. ●●
  16. 1986 Hanson Trust takes over Imperial Group 0 cit. Hanson Trust won a hostile takeover of Imperial Group, a large British tobacco, food, and brewing conglomerate, after a bidding contest. Hanson quickly sold off Imperial's brewing and restaurant businesses and other divisions that did not fit its strategy, keeping the profitable tobacco core. The deal was a textbook example of Hanson's approach: buy a diversified group, then sell the pieces for more than the whole had cost. economy ●●
  17. 1986 James Goldsmith raids Goodyear Tire 0 cit. Sir James Goldsmith built a stake in Goodyear Tire & Rubber and launched a hostile bid, arguing the company was worth more broken up than as a single business. Goodyear's management fought back by buying out Goldsmith's stake at a premium and taking on substantial new debt to fend off the raid, drawing criticism in Congress over the use of greenmail and the debt burden left on the company. Goldsmith profited from the stock buyback despite never gaining control. economy ●●
  18. 1986 KKR buys Safeway in a leveraged buyout 0 cit. KKR bought the supermarket chain Safeway in a leveraged buyout to help management fend off a hostile bid from the Haft family's Dart Group. To pay down the debt taken on for the deal, Safeway sold off large numbers of stores and closed others, particularly in regions outside its core markets, and cut thousands of jobs. KKR and Safeway's management said the restructuring made the surviving business stronger; labor unions and some academic studies pointed to the job losses and store closures as direct costs of the debt-funded deal. economy ●●
  19. December 1986 British Gas privatized 0 cit. The British government sold British Gas to private shareholders in another large share offering under Margaret Thatcher's privatization program. As with British Telecom, the sale converted a state monopoly into a privately owned one without breaking it into competing pieces, which critics said simply replaced a public monopoly with a private one instead of opening the market to real competition. The government defended the sale as returning an inefficient nationalized industry to private, profit-driven management. economy / politics ●●
  20. 27 January 1986 Manor of St James's Lodge consecrated for Scotland Yard officers 0 cit. The Manor of St James's Lodge, No. 9179, is consecrated for current and former Metropolitan Police officers who served in the West End's "C" (St James's) district, in direct contravention of Commissioner Kenneth Newman's advice to stay away from lodges the year before. Founder members include Gilbert Kelland, who had been Assistant Commissioner for Crime overseeing all of London's detectives from 1977 to 1984. society
  21. c. 1986 Westminster 'Homes for Votes' Policy Begins 0 cit. Following a narrow win in the 1986 local elections, the Conservative-run Westminster City Council, led by Dame Shirley Porter, began a policy of selling council homes in marginal wards on the calculation that owner-occupiers were more likely to vote Conservative than tenants. This was a designed and later found gerrymandering policy rather than a case of Masonic influence, but it stands as one of the most significant documented UK local-government corruption cases outside the Poulson network. It set up the direct conditions for the 1990 election result later ruled unlawful. politics ●●
  22. c. November 1986 DNA testing exonerates Richard Buckland in the Enderby murders 0 cit. Richard Buckland had confessed to the murder of Dawn Ashworth, but Alec Jeffreys's new DNA profiling technique showed his DNA did not match semen recovered from the crime scene, and also linked the same, unknown perpetrator to an earlier unsolved murder. Buckland was released, making him the first person cleared of a crime through DNA evidence. Police then organized a mass DNA screening of local men to find the actual killer. science ●●●
  23. 1 December 1986 Tower Commission established on Iran-Contra 0 cit. President Ronald Reagan established the President's Special Review Board, chaired by former Senator John Tower, to investigate the Iran-Contra affair, in which senior administration officials had secretly sold arms to Iran and diverted the proceeds to fund Contra rebels in Nicaragua in violation of a congressional ban. It was one of three separate Iran-Contra investigations, alongside a joint congressional committee and an independent counsel. The commission had access to National Security Council files and interviewed senior officials, including the president. politics ●●
  24. 22 February 1986 People Power topples Marcos in the Philippines 0 cit. Huge nonviolent crowds filled the streets of Manila and forced the dictator Ferdinand Marcos from power. The largely peaceful uprising installed Corazon Aquino as president. It became a widely copied model of people-power revolution. politics / society ●●
  25. 25 February 1986 People Power ousts Marcos in the Philippines 0 cit. A peaceful uprising known as People Power, sparked by a fraudulent election and the earlier murder of opposition leader Benigno Aquino, forces Ferdinand Marcos to flee. The United States, long his backer, finally withdrew support and flew him into exile in Hawaii. Corazon Aquino took office and restored democratic rule. politics / society ●●
  26. 7 February 1986 Baby Doc Duvalier flees Haiti 0 cit. Amid mounting protests, Jean-Claude "Baby Doc" Duvalier leaves Haiti aboard a US-arranged flight, ending twenty-nine years of family dictatorship. The regime had killed and exiled thousands and left the country impoverished. His fall opened a long and unstable struggle to build a democratic order. politics / society
  27. January 1986 Rwandan exiles fight in Museveni's army and take Kampala 0 cit. Many young Tutsi born in exile in Uganda joined Yoweri Museveni's National Resistance Army during its guerrilla war, among them Fred Rwigyema and Paul Kagame. When the NRA captured Kampala in 1986 and put Museveni in power, these Rwandans held senior posts, and Kagame rose in military intelligence. The war gave the exile generation the training, weapons, and networks they would soon turn toward Rwanda. politics / war ●●●
  28. 1986 Museveni's long rule in Uganda 0 cit. Yoweri Museveni was hailed in the West through the 1990s as one of a new generation of African leaders, praised for stability and early gains against AIDS and poverty. Over the following decades he removed presidential term limits and age caps, jailed rivals, and stayed in office into a fourth decade, drawing wide criticism for entrenchment. His patronage of the Rwandan exiles, and the tangled later relations between Kampala and Kigali, made Uganda a central actor in Rwanda's story. politics ●●
  29. 13 April 1986 John Paul II visits the Synagogue of Rome 0 cit. On 13 April 1986 Pope John Paul II entered the Great Synagogue of Rome, the first recorded visit by a pope to a synagogue since the early Church. He called the Jews the elder brothers of Christians and again condemned antisemitism. The visit built on Nostra Aetate and signaled a lasting shift toward reconciliation. diplomacy / religion / society ●●
  30. 1986 The oil price collapse 0 cit. New supply from the North Sea, Alaska, and elsewhere, plus Saudi Arabia opening its taps, sends oil prices crashing. The glut ended the boom of the 1970s and strained oil-dependent economies from Texas to the Soviet Union. economy ●●
  31. c. 1986 Nyayo-era detentions and torture 0 cit. Through the mid-1980s Moi's government cracked down on the underground Mwakenya movement and other critics, detaining dissidents, students, and writers without trial. Suspects were interrogated and tortured in the basement cells of Nyayo House in central Nairobi, later documented by a truth commission and survivor testimony. The repression drove opponents into exile and hardened the demand for political freedom. politics / society ●●
  32. 1986 The crack epidemic and the crack-powder sentencing gap 0 cit. As crack cocaine spread through American cities, the Anti-Drug Abuse Act of 1986 set mandatory minimums and punished crack a hundred times more harshly than powder cocaine. Because crack was more common in Black neighborhoods, the law drove a stark racial gap in who went to prison and for how long. politics / society ●●●
  33. c. 1986 Report documents torture in the Nyayo House basement 6 cit. The commission documented how political detainees were tortured in basement cells of Nyayo House in central Nairobi during the Moi era. Survivors described beatings, water-filled cells, and forced confessions used against suspected dissidents. The final report named the torture as part of a deliberate system to silence opposition. politics / society ●●
  34. 1986 The 1986 wave of Mwakenya arrests begins 0 cit. Through 1986 the Special Branch arrested people it accused of belonging to Mwakenya, including students, university lecturers, journalists, and other professionals. Many were held incommunicado before being produced in court or detained without any trial. The sweep marked the peak of the state's campaign against the underground movement. politics / society ●●●
  35. 1986 Scores charged with sedition over Mwakenya links 0 cit. By the end of 1986 about a hundred people had been convicted or charged over alleged Mwakenya membership or possession of seditious material, and others were held without charge. Most were tried quickly and pleaded guilty. Amnesty International and later the Truth, Justice and Reconciliation Commission recorded these numbers and the pattern of rushed prosecutions. politics ●●●
  36. c. 1986 Coerced confessions blur who was really in Mwakenya 0 cit. Human rights groups and survivors say many Mwakenya confessions were extracted under torture, so some cases likely swept up people with little or no tie to the movement. How large and organized Mwakenya truly was, versus how much the government inflated or invented it to justify the crackdown, remains disputed. Accounts from detainees, Amnesty International, and the Truth, Justice and Reconciliation Commission all treat the line between real members and fabricated cases as unclear. politics / society ●●
  37. c. 1986 The Nyayo House torture chambers 0 cit. Suspected Mwakenya members were interrogated in basement cells of Nyayo House, a government tower in central Nairobi. Survivors and the Truth, Justice and Reconciliation Commission describe windowless cells that could be flooded with water, beatings, and denial of food and sleep to force confessions. The commission documented the chambers as a site of systematic torture by the Special Branch. politics / society ●●●
  38. c. 1986 Rushed sedition trials and guilty pleas 0 cit. Many Mwakenya defendants were brought to court within days of arrest and pleaded guilty to sedition charges, often after torture at Nyayo House. The hearings were short and gave defendants little chance to challenge the confessions used against them. Survivor testimony and the Truth, Justice and Reconciliation Commission report describe these trials as a formality that followed the coercion. politics ●●
  39. 1986 Writer Wahome Mutahi held at Nyayo House 0 cit. Wahome Mutahi, the satirist behind the popular "Whispers" newspaper column, was arrested in 1986 with his brother Njuguna and held in the Nyayo House basement over alleged Mwakenya links. He was charged in connection with sedition and jailed for about fifteen months without a full trial. He later drew on the ordeal in his novel Three Days on the Cross, and his account is among the documented survivor testimonies of the chambers. culture / politics ●●
  40. c. 1986 Torture in the Nyayo House basement 0 cit. Detainees suspected of links to the underground Mwakenya movement were taken to secret cells in the basement of Nyayo House in central Nairobi. Survivors later described beatings, water-filled cells, and forced confessions. The torture chambers, run by the security services, became a lasting symbol of the regime's cruelty. politics / society ●●●
  41. 1986 CIA establishes its Counterterrorist Center ai_extracted 1 cit. On February 1, 1986, the CIA created its Counterterrorist Center at Langley, with Duane Clarridge as first director. It grew from Casey's push for an aggressive response to the Middle East hostage crises but soon shifted toward analysis after the Iran-Contra scandal. ●●
  42. 1986 Mujahedin fire the first Stinger missiles, downing Soviet helicopters ai_extracted 1 cit. On September 26, 1986, near Jalalabad, a rebel team led by Engineer Ghaffar fired the CIA's newly supplied Stinger missiles and destroyed three Soviet helicopter gunships. The shoulder-fired heat-seeking weapon soon became the war's most significant battlefield development, forcing Soviet aircraft to fly higher. ●●●
  43. 1986 Gorbachev calls Afghanistan a 'bleeding wound' ai_extracted 1 cit. Early in 1986 Soviet leader Mikhail Gorbachev publicly called the Afghan war a bleeding wound, and by that November he had privately set a goal of withdrawing Soviet troops within one or two years while leaving a friendly, neutral Afghanistan behind. ●●
  44. c. 1986 The Bank of Japan cuts rates to counter the strong yen 0 cit. To cushion the export slump caused by the soaring yen, the Bank of Japan cut its discount rate step by step to a record low of 2.5 percent by early 1987. Cheap money flooded into stocks and real estate rather than only into productive investment. The easy policy fed a growing asset boom. economy / politics ●●●●
  45. c. 1986 The Mwakenya crackdown and the Nyayo House torture chambers 0 cit. The state moved against an underground network known as Mwakenya, arresting suspected members and forcing confessions. Detainees were held and tortured in basement cells at Nyayo House, a government tower in central Nairobi, a fact later confirmed by inquiries and survivor testimony. The campaign spread fear well beyond the small number of actual activists. politics / society ●●●
  46. 19 October 1986 Samora Machel dies in a plane crash at Mbuzini contested 0 cit. Mozambique's first president died when his aircraft crashed into a hillside just inside South Africa on the return from a summit. Suspicion has long centered on apartheid South Africa, with claims that a false navigation beacon lured the plane down. That involvement has never been proven, and official inquiries disagreed. The crash killed a leader who had backed liberation movements across the region. diplomacy / politics ●●●
  47. July 1986 The Meese Commission report on pornography contested 0 cit. The Attorney General’s Commission on Pornography, the Meese Commission, concluded that some pornography caused harm and urged tougher enforcement, reversing a 1970 commission that had found little. Critics attacked its methods and its conclusions as politically driven. ●●
  48. 1987 Record Japanese long-term capital outflows ai_extracted 1 cit. Japanese long-term capital outflows exploded from $65 billion in 1985 to a record $137 billion in 1987, nearly twice the record current account surplus, dominating world capital flows. ●●●
  49. February 1987 to May 1989 Official discount rate held at 2.5 percent ai_extracted 1 cit. The Bank of Japan maintained a low official discount rate of 2.5 percent from February 1987 to May 1989, often cited as the cause of the bubble, though the author argues interest rates had no stable relationship with asset prices. ●●●
  50. February 1987 Executive Board cuts the discount rate to 2.5 percent ai_extracted 1 cit. In February 1987, under Ministry of Finance pressure, the Bank of Japan's Executive Board decided to reduce the official discount rate to the low rate of 2.5 percent. ●●●
  51. July 1987 Fukui defends expanding bank loans in Nikkei interview ai_extracted 1 cit. In July 1987, just after setting off the bubble as head of the Banking Department, Toshihiko Fukui told the Nikkei Financial Daily that the BoJ would not tighten loan quantities, justifying loan expansion by the need for long-term structural adjustment. ●●
  52. May 1987 Second Maekawa report announced ai_extracted 1 cit. An updated Maekawa report, expanded from eleven to forty-one pages, reiterated the first report's goals with detailed concrete changes and a timetable for structural transformation by the year 2000. ●●●
  53. July 1987 Fukui endorses continued monetary easing to implement structural reform ai_extracted 1 cit. In July 1987, shortly after the second Maekawa report, Toshihiko Fukui, head of the department implementing window guidance, said the right central bank policy for structural transformation was to continue monetary easing and expand bank loans. ●●
  54. 1987 Window guidance extended to foreign-currency loans ai_extracted 1 cit. From 1987 the Bank of Japan's credit controls were also imposed on non-yen (impact) loans, which previously had only been reported. ●●
  55. 16 September 1987 Montreal Protocol 0 cit. Protocol phasing out CFCs and other substances that deplete the ozone layer, ratified by every UN member state. It is widely considered the most successful environmental treaty ever. diplomacy / environment / science ●●●●
  56. 8 December 1987 Intermediate-Range Nuclear Forces Treaty 0 cit. US-Soviet treaty eliminating an entire class of ground-launched missiles with ranges of 500 to 5,500 kilometers. It was the first treaty to abolish, not just limit, nuclear delivery systems; the US withdrew in 2019. diplomacy / politics / war ●●●
  57. c. 1987 Dublin as an international financial services hub 0 cit. Ireland opens the International Financial Services Centre in Dublin's docklands in 1987, using low taxes to attract global banks and fund administrators. The city becomes a major European base for investment funds and aircraft leasing finance. economy ●●
  58. 21 February 1987 Founding of TSMC 0 cit. Morris Chang founds the Taiwan Semiconductor Manufacturing Company, the first pure-play chip foundry. Making chips designed by others, it becomes the world's most advanced chipmaker and a linchpin of the global economy. economy / technology ●●●●
  59. 15 September 1987 Founding of Huawei 0 cit. Former army engineer Ren Zhengfei founds Huawei in Shenzhen, initially reselling phone switches. It becomes the world's largest telecom equipment maker and a focal point of U.S.-China technology tensions. economy / politics / technology ●●●
  60. August 1987 Fairness Doctrine repealed 0 cit. In 1987 the Federal Communications Commission stopped enforcing the Fairness Doctrine, which had required broadcasters to present contrasting views on controversial issues. The change opened the way for partisan talk radio and, later, opinionated cable news. politics / society ●●●
  61. 4 August 1987 The Fairness Doctrine is repealed 0 cit. The FCC abolished the Fairness Doctrine, freeing broadcasters from the duty to present opposing views. The change helped fuel the growth of partisan talk radio and later cable news. politics / society ●●●
  62. December 1987 to 1993 The First Intifada 2 cit. A Palestinian uprising against Israeli rule began in 1987, marked by protests, strikes and stone-throwing met with military force. It reshaped the conflict and helped lead to peace talks. politics / society ●●●
  63. December 1987 Founding of Hamas 0 cit. The Islamist movement Hamas was founded in Gaza in 1987 during the First Intifada. It rejected recognition of Israel and later became a major armed and political force. politics / religion ●●●
  64. 1987 UNICEF's Adjustment with a Human Face 0 cit. A landmark UNICEF study argued that structural adjustment was harming children through cuts to health and education spending. It pushed the World Bank and IMF to acknowledge the social costs of their programs. economy / society ●●●●
  65. c. 1987 Adjustment and the burden of user fees 0 cit. Adjustment programs often introduced or raised fees for health clinics and schools to cut public spending. Studies documented falling attendance and use of services, especially among poor families and girls. economy / society ●●●
  66. 16 August 1987 The Harmonic Convergence 0 cit. Author Jose Arguelles promoted the Harmonic Convergence as a globally synchronized meditation tied to Mayan calendar cycles, drawing thousands to sacred sites. It was the first mass New Age event and showed the movement could organize people worldwide. culture / religion ●●●
  67. c. 1987 The televangelist boom and its scandals 0 cit. Prosperity preaching reached mass audiences through 1980s religious television, but figures such as Jim Bakker and Jimmy Swaggart fell in fraud and morality scandals that damaged the movement's image. The scandals sharpened public scrutiny of ministry finances. religion / society ●●
  68. 26 February 1987 The Tower Commission reports on Iran-Contra 0 cit. A review board led by Senator John Tower found a chaotic, secretive process and faulted President Reagan's hands-off management. It stopped short of proving he knew of the diversion. politics / society ●●●
  69. 7 July 1987 Oliver North testifies before Congress 0 cit. Oliver North testified in nationally televised hearings, defending the operations and admitting he had shredded documents. His testimony made him a household name and a divisive figure. politics / society ●●●
  70. 1987 Tania Aebi sets out to sail around the world ai_extracted 1 cit. no story Gatto describes Tania Aebi, a seventeen-year-old New York City school dropout who in 1987 set out to become the first American woman to sail around the world alone. He offers her as an example of self-education outside school. ●●
  71. 1987 Gates serves as acting CIA director ai_extracted 1 cit. no story After Casey's collapse, Bob Gates ran the CIA as acting director for five months, but his nomination to the permanent post was doomed. William Webster was chosen instead. ●●
  72. 1987 Cuban intelligence officer defects, exposing double agents ai_extracted 1 cit. no story A senior Cuban intelligence officer defected in Vienna and revealed that every Cuban agent the CIA had recruited over twenty years was a double working for Havana. Analysts confirmed it was true. ●●
  73. 1987 Gorbachev tells Warsaw Pact he won't invade ai_extracted 1 cit. no story Gorbachev privately told the Warsaw Pact that the Soviets would never again invade Eastern Europe to prop up their empire. The CIA did not know it. ●●
  74. 1987 ISI teams raid Soviet Central Asia ai_extracted 1 cit. no story In April 1987, three ISI-equipped teams crossed the Amu Darya into Soviet Central Asia. Teams targeted an airfield near Termez in Uzbekistan, set up ambushes along border roads, and hit a factory site with rockets over ten miles inside Soviet territory. ●●
  75. 1987 Acting CIA chief Gates meets KGB's Kryuchkov ai_extracted 1 cit. no story On December 4, 1987, Robert Gates, acting CIA director, met with Vladimir Kryuchkov, chief of the Soviet KGB, for an unprecedented dinner at the Maison Blanche restaurant in Washington. Kryuchkov assured Gates the Soviet Union wanted to withdraw from Afghanistan. ●●
  76. 1987 CIA begins Eagle drone reconnaissance program ai_extracted 1 cit. no story The CIA began a classified project called Eagle to adapt small kit airplanes manufactured in California to carry cameras for reconnaissance. ●●
  77. 1987 Ernest Saunders arrested in Guinness scandal ai_extracted 1 cit. no story Now Thatcher began to pressure Nigel Lawson, chancellor of the Exchequer, to draw more blood from the Guinness affair. In an extraordinary intervention, she reportedly told Lawson, “I want Reeves and Walsh out today, not next week or next month, b... ●●
  78. 1987 Black Monday stock market crash ai_extracted 1 cit. no story The merger of industry and finance had made some sense in the Baronial Age and had given some stability to the American economy. Companies were then weak and had difficulty tapping capital markets, especially abroad. Only the banker’s reputation c... ●●
  79. 1987 Lethal Weapon released ai_extracted 1 cit. no story Lethal Weapon, featuring Mel Gibson and directed by Shane Black, centered around a massive L.A. drug bust linked to Iran-Contra and featured the Phoenix Program. ●●
  80. c. May 1987 Iran-Contra congressional hearings 0 cit. Joint congressional committees hold televised hearings on the Iran-Contra affair, taking testimony from Oliver North and other officials. Fourteen administration officials are eventually charged; several convictions are later overturned or the defendants pardoned by President George H.W. Bush in 1992. politics ●●
  81. August 1987 Battle of Cuito Cuanavale 0 cit. South African forces, allied Angolan rebel movement UNITA, and Cuban and Angolan government forces fought an extended battle in southern Angola, part of the wider Border War tied to Namibia's occupation and the Angolan civil war. The battle ended in a costly stalemate that pushed all sides toward negotiation. It is widely seen as a turning point that made South Africa more willing to accept Namibian independence. war ●●
  82. 1987 D. Michael Quinn examines Joseph Smith's esoteric and Masonic context 0 cit. Historian D. Michael Quinn published "Early Mormonism and the Magic World View," situating Joseph Smith's religious development within a broader nineteenth-century milieu of folk magic, hermeticism, and esoteric societies that included Freemasonry. Quinn, then a Latter-day Saint historian, argued for a documented pattern of cultural borrowing and synthesis rather than treating Mormon ritual as wholly self-contained, a position that drew both scholarly interest and institutional criticism. religion ●●
  83. 29 July 1987 Thomas Sankara denounces Third World debt at the OAU 0 cit. Burkina Faso's president Thomas Sankara urged fellow African leaders to collectively refuse repayment of debts he called a continuation of colonial exploitation, arguing they had mostly been contracted by predecessor regimes and mainly benefited foreign creditors. Three months later Sankara was assassinated in a coup led by Blaise Compaore, who restored closer ties with France; French involvement in the coup has long been alleged by researchers and was the subject of a 2021 French judicial investigation, though it is disputed rather than fully proven. economy / politics ●●
  84. 10 March 1987 Daniel Morgan murdered in Sydenham 0 cit. Private investigator Daniel Morgan is found murdered with an axe in a pub car park. The case is never solved despite five separate police investigations, and allegations of police corruption in the botched inquiries persist for decades, later prompting an independent panel review. society ●●
  85. 8 November 1987 Enniskillen (Remembrance Day) bombing 0 cit. An IRA bomb exploded at a Remembrance Sunday commemoration in Enniskillen, killing 11 civilians and injuring more than 60; a twelfth victim died from his injuries in 2000. The IRA later said the bombing had not been sanctioned as planned and expressed regret, but the attack caused widespread revulsion and significant damage to republican support both in Northern Ireland and internationally. It is remembered as one of the most condemned attacks of the Troubles. religion / war ●●●
  86. 13 July 1987 Spycatcher published after government ban fails 0 cit. Former MI5 officer Peter Wright published his memoir Spycatcher, alleging extensive MI5 wrongdoing including a claimed plot by rogue officers against Prime Minister Harold Wilson, an allegation Wright made but never proved. The British government's attempt to suppress the book failed in the Australian courts and the House of Lords eventually lifted the UK injunction. The affair exposed internal MI5 disputes to public view for the first time and embarrassed the Thatcher government. culture / politics ●●●
  87. 26 February 1987 Tower Commission report 0 cit. The Tower Commission found that the National Security Council staff had run the Iran-Contra operation with inadequate oversight, and criticised President Reagan for detachment from and poor management of his own staff, though it did not directly conclude that Reagan knew of the diversion of funds to the Contras. It recommended reforms to how the NSC operated. National Security Adviser John Poindexter and staffer Oliver North were later convicted of charges related to the affair, though the convictions were subsequently overturned on appeal. politics ●●●
  88. December 1987 The INF Treaty scraps a class of nuclear missiles 0 cit. Reagan and Gorbachev sign the Intermediate-Range Nuclear Forces Treaty, the first agreement to eliminate an entire class of nuclear weapons. Backed by intrusive on-site inspections, it marked a real thaw and showed that Gorbachev's new thinking could translate into arms cuts. diplomacy / war ●●●
  89. 29 July 1987 Sankara calls for a united refusal to pay debt 0 cit. Burkina Faso's president Thomas Sankara tells an African summit that the debt is a tool to keep the continent under control and urges states to refuse payment together. He argued that the loans financed the colonizers' interests and could never be repaid on fair terms. Months later he was assassinated, and the speech became a touchstone for the argument that the system is built to keep the periphery dependent. economy / politics ●●
  90. 1987 Formation of the Rwandan Patriotic Front 0 cit. Tutsi exiles in Uganda reorganized their political movement into the Rwandan Patriotic Front, or RPF, with an armed wing drawn largely from Rwandan veterans of Museveni's army. It demanded the right of refugees to return home and a share of power. Within a few years it would invade Rwanda. politics / war ●●
  91. 15 October 1987 Thomas Sankara is killed in a Burkina Faso coup contested 0 cit. President Thomas Sankara, a radical anti-imperialist who challenged France's role in Africa, is gunned down in a coup that brings Blaise Compaore to power. A Burkinabe court later convicted Compaore in absentia over the killing. Critics have long alleged French and regional involvement, a claim that remains contested. politics / war ●●
  92. 1987 Mwakenya publishes its Draft Minimum Programme 0 cit. Mwakenya set out its aims in a document titled the Draft Minimum Programme, which called for the removal of Moi's one-party government and a more democratic and equal Kenya. The programme was passed hand to hand in secret because open opposition was banned. It remains a key surviving record of what the movement said it stood for. politics
  93. c. 1987 Economic stagnation under mismanagement 0 cit. After steady growth in the early independence years, Kenya's economy stalled under Moi as debt rose, jobs grew scarce, and living standards slipped. Bloated state companies, poor planning, and political interference drained public money. Ordinary Kenyans felt the squeeze while a connected elite prospered. economy / society ●●
  94. 4 May 1987 US Supreme Court forces Rotary to admit women 0 cit. For most of its history Rotary International barred women from membership. In Board of Directors of Rotary International v. Rotary Club of Duarte, the US Supreme Court ruled that California could require Rotary clubs to admit women under a state civil-rights law. The decision opened the organization's membership to women worldwide. politics / society ●●
  95. 4 May 1987 Service clubs admit women 0 cit. For most of their history the main service clubs admitted only men, with women organized into separate auxiliaries. In 1987 the United States Supreme Court ruled in Board of Directors of Rotary International v. Rotary Club of Duarte that California could require Rotary to admit women. Rotary, Lions, and Kiwanis all opened full membership to women that year, ending a long-standing exclusion. politics / society ●●
  96. 1987 Battle of Jaji makes bin Laden's name among Arab jihadists ai_extracted 1 cit. On April 17, 1987, Soviet forces attacked Osama bin Laden's fortified compound at Jaji near the Pakistani border. Bin Laden and about fifty Arab volunteers held out for days, and the fight, chronicled by Arab journalists, launched his public reputation as a warrior and his global media campaign. ●●●
  97. 1987 The Bamako Initiative brings user fees into public health 0 cit. African health ministers, WHO, and UNICEF adopt a community-financing scheme that spreads user fees for drugs and clinic visits as part of cost recovery in strained public health systems. Supporters said it would fund and sustain local services when state budgets were collapsing. Critics documented that charging fees pushed poorer patients away from care. economy / society ●●
  98. 1987 UNICEF publishes Adjustment with a Human Face 0 cit. The UNICEF study by Cornia, Jolly, and Stewart documents that structural adjustment cut spending on health and education and worsened child welfare and poverty across many countries. It urged lenders to protect the poor and social services during reform. This gave the critical reading of adjustment an evidence base from inside the UN system. economy / society ●●●
  99. c. 1987 An asset bubble inflates in stocks and Tokyo land 0 cit. Cheap credit and easy bank lending pushed share and land prices to extraordinary heights in the late 1980s. At the peak, the grounds of the Imperial Palace were said to be worth more than all the real estate in California, and Japan's total land value dwarfed that of the United States. Banks lent freely against land collateral whose price kept climbing. economy ●●●●
  100. 15 October 1987 Thomas Sankara killed in Ouagadougou coup 0 cit. Sankara, the incorruptible young revolutionary who renamed Upper Volta as Burkina Faso and pushed self-reliance and anti-corruption, was shot dead with twelve others in a coup led by his close ally Blaise Compaore. Compaore then ruled for 27 years. Long-standing claims of French and Ivorian backing for the plot remain alleged and unproven. The killing itself and Compaore's role are established. politics / war ●●●